Digital Banking App Provider Ranking Is a Competitive Blur of Innovators

Chime

Digital bank much? Looking at PYMNTS latest Provider Ranking of Digital Banking Apps, one can certainly conclude that interest in these powerful apps is rising like mad.

We have a habit of going on and on when what people really want is to know who’s up and who’s down, and they want it fast because that’s the only speed digital banking knows.

Let’s do the ranking.

The Top Five

The tie at the top persists as Chime and Nubank keep battling for No. 1.

Revolut remains solid at No. 2, as does Monzo at No. 3.

Rising one spot to No. 4 it’s the Starling Bank app.

We’ve got an interesting new neck-and-neck race at No. 5, with Current dropping a spot and KOHO up one and back into the Top Five. Never a dull moment, and we’re just starting.

The Top 10

The popular Dave digital banking app is up a spot to No. 6, so that’s nice.

Ties and more ties at No. 7 as N26 and Tangerine each elevate two chart positions in a month.

If you think two apps tied is fun, let’s see how we feel about three.

All vying for No. 8 this cycle we’ve got Liv. UAE up two spots, joined now by Commercial Bank of Dubai and Wirex for this contested corner of the rankings.

Still not satisfied as it relates to tied scores? OK, just two more, but then that’s it.

The two-way tie for No. 9 goes to the Empower already so ranked, and now sharing space with ranking newcomer Up for an intriguing grouping.

It gets even better at No. 10 as three — yes, three — apps contend to cap off the charts.

All lined up at No. 10 this cycle we’ve got Mashreq Neo, Monese and Pepper in the running.

That ought to hold you until next month when we take a fresh look at PYMNTS Provider Ranking of Digital Banking Apps.